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| DOI | 10.1007/s43621-024-00252-z |
| An analysis of the abolition of premium motor spirit (PMS) subsidies in Nigeria: a breach of social contract or climate change action? | |
| 发表日期 | 2024 |
| EISSN | 2662-9984 |
| 起始页码 | 5 |
| 结束页码 | 1 |
| 卷号 | 5期号:1 |
| 英文摘要 | The study examines the payment of fossil fuel subsidies made in Nigeria on petrol, with an analysis of the laws governing its payments. It explores the reasons for the removal of the petrol subsidy and examines the merits advocated by proponents of its elimination. Additionally, it investigates the diverse pricing methods employed for petroleum products. Employing a doctrinal legal research methodology, the article relies on the existing primary and secondary sources of laws to provide insights for the reforms. The study concludes with recommendations such as the implementation of a mixed economic system, reinforcement of trade laws, consumer protection and competition laws, improvement of transparency and accountability, promotion of investments in local refineries, adoption of cleaner alternative energy sources such as renewable energy sources by adopting the global energy transition agenda, and provision of palliatives. The findings unravel the complexities surrounding petrol subsidy payments which have occasioned corruption, rent-seeking activities and insufficient utilization of clean sources of energy. A significant gap exists in Nigeria's energy sector compared to the selected case study countries. The study provides valuable insights for policymakers and stakeholders. The recommendations promote transparency, and accountability and will facilitate the necessary reforms for sustainable downstream petroleum industry and global energy security. |
| 英文关键词 | Deregulation; Downstream petroleum sub-sector; Subsidy; Oil and gas; Nigeria |
| 语种 | 英语 |
| WOS研究方向 | Science & Technology - Other Topics ; Environmental Sciences & Ecology |
| WOS类目 | Green & Sustainable Science & Technology ; Environmental Sciences ; Environmental Studies |
| WOS记录号 | WOS:001205273700001 |
| 来源期刊 | DISCOVER SUSTAINABILITY
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/295776 |
| 推荐引用方式 GB/T 7714 | . An analysis of the abolition of premium motor spirit (PMS) subsidies in Nigeria: a breach of social contract or climate change action?[J],2024,5(1). |
| APA | (2024).An analysis of the abolition of premium motor spirit (PMS) subsidies in Nigeria: a breach of social contract or climate change action?.DISCOVER SUSTAINABILITY,5(1). |
| MLA | "An analysis of the abolition of premium motor spirit (PMS) subsidies in Nigeria: a breach of social contract or climate change action?".DISCOVER SUSTAINABILITY 5.1(2024). |
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